VF Corporation: A case study from supply chain management perspectives

In 1999, the company was acquired by VF Corporation, and was renamed as The Force in 2005, but reverted to the original brand name in 2010. In 2021, the Horace Small brand was sold to Redwood Capital Investments, LLC; and later became part of Workwear Outfitters. VF Corporation (VFC), an international footwear and apparel company founded in 1899 and headquartered in Denver, Colorado owns 19 brands including Altra, Bulwark, Dickies, Eagle Creek, Eastpak, Horace Small, Jansport, Kipling, Kodiak, Napapijri, Red Kap, Smartwool, Terra, The North Face, Timberland, VF Solutions, Vans, Walls, and Icebreaker.

How to track a shipping cargo: Achieve the supply chain security

 Supply Chain Security Monitoring Services provides a full spectrum of end-to-end services for cargo security monitoring and tracking to all stakeholders, throughout the supply chain from point of origination to point of destination. The monitoring solution strategy includes but is not limited to optimizing container logistics processes, improvement of supply chain efficiency and reducing costs, achievement of more efficient and individual container traceability, deterioration theft, diversion, and counterfeiting, receiving notifications when an exception occurs in any given process, etc. In addition to cargo and driver security, dual-mode devices provide several additional features and benefits to shippers and transporters to improve operational efficiency throughout the supply chain.

A discussion about basic steps of Leadership and Management of Procurement :

The company will qualify the suppliers to determine the best product for the business. It concretely defines the price, designations and terms and conditions of the product or accommodation and any supplemental obligations. The purchase order must be distributed, conventionally by fax, mail, personally, email or other electronic designates. The issues most often noted include payment dates, distribution times and work completion. Once the sending company distributes the product, the recipient accepts or rejects the items. Acceptance of the items obligates the company to pay for them. Three documents must match when an invoice requests payment – the invoice itself, the receiving document and the pristine purchase order.These include purchase records to verify any tax information and purchase orders to corroborate warranty information. The procurement department desires to offer simple, bottom line reporting to the higher management e.g., purchase fee index consistent with client/supplier etc. There should be a component, in keeping with which a much extra free time might be there to make a plan and do procurement capabilities and wrong things are discovered which need correction. Procurement and other capabilities: Procurement isn’t always very much an awful lot separate trouble with relation to other functions of a supply chain or commercial enterprise. it’s the solution to the question, why are we here? An imaginative and appropriate announcement narrates, what procurement branch of the firm expects to be its destiny?  Eighty percent of one’s time to be spent with top 10-20% suppliers, take away “C” grade providers , broaden talent level, do the paper works , not an excessive amount of time spent for making plans.

Covid-19 : Her affects on global economy and supply chain

Society, businesses and governments can all be remodeled in the aftermath of the coronavirus happening, and that we hope, towards a lot of sustainable society, thus, students and managers ought to plan to think about this transformation through a positive lens so as to boost supply chains to produce high worth and even a lot of outstanding services to society, since it’s currently extravagantly clear that supply chains are the veins of the whole economy. In line with UNEC for Latin America estimate, the pandemic-induced recession might leave 14–22 million of individuals in extreme economic condition in Latin America than the scenario while not the pandemic. Lloyd’s of London has calculated that the worldwide insurance trade has to absorb losses of US$204 billion, more extraordinary than the losses from the 2017 Atlantic cyclone season and 9/11, suggesting the COVID-19 pandemic is possibly costliest disaster ever in human history. Governments are possibly to take a position and regulate “key supply chains”, like pharmaceutical, personnel protecting instrumentation and agro-food chains so as to make sure national food security. As of 6 July 2020, over 11.4 million cases of COVID-19 are reported in addition for 188 countries and territories, leading to over 533,000 deaths. On a daily basis a lot of cases are reported, and new countries enter the World Health Organization’s (WHO) list of areas wherever the virus has been reported suggested preventive measures embrace hand washing, covering one’s mouth once coughing, maintaining distance from others, sporting a mask at public settings, and observation and self-isolation for people that suspect they’re infected. The COVID-19 pandemic, referred to as the coronavirus pandemic, is in progress as the global pandemic of coronavirus illness 2019 (COVID 19), caused by severe acute respiratory syndrome coronavirus as a pair of (SARS CoV 2).
Keywords: covid-19, global supply chain, supply chain sustainability, economy.

10 Things You Need to Know About International Freight Forwarders

Some data freight forwarders need from you include full shipping and destination addresses, contact details of receiver, weight of cargo, a list of the items included, dimensional weight, and product description. If your items need extra care, then it’s best to hire a forwarder that specializes in handling such goods. The process begins from transferring the goods to the forwarder’s warehouse to leaving the origin country, unloading and validating the cargo, checking of paperwork, transferring the cargo to its destination office, and transferring it to its final destination. Their professional staff can help with packing your items and storing them, doing inventory management, declaring your items at customs, providing insurance, troubleshooting, and handling documentation .Some of the most common restricted items are alcohol, batteries, biological waste, dangerous goods such as a flammable liquid or toxic objects, prescription or recreational drugs, perishable items, sharp objects, and weapons. If you’re into business and you want to expand your customer reach, then you might want to consider looking into the most reputable international freight forwarders in your area. They will handle your goods with utmost care and your customers will be able to receive them in good condition without hassle. These companies either ship goods through road freight, ocean freight, or air freight.

The blockchain technology: A discussion in the Perspective of supply chain management

Abstract With block chain technology and other technologies like AI can solve most of the supply chain  management week points and make it more reliable. The”cryptocurrency” technology         is alsoused by some supply chains such as VeChain,Waltonchain –  Clothing Supply Chain, Ambrosus Food & Medicine Supply Chain, Modum – Pharma Supply Chain etc.The power  of a block chain  […]

A white paper about third party supply chain risk:

Welcome to www.schain24.com  supply chain management white papers ! The third party supply chain risk as a result of outsourcing different operations is of authentic concern to supply chains. But it’s the subsequent loss of control over the coordination of activities across the multi-tier supply chain that is engendering the most risk and chaos for brand owners. A tactical exchange […]